Question
Which of the following comes closest to the internal rate of return (IRR) of a project that requires an initial investment of $100 and produces
Which of the following comes closest to the internal rate of return (IRR) of a project that requires an initial investment of $100 and produces TWO cash inflows: $100 at the end of year 3 and $160 at the end of year 10? The required rate of return for the project is 12%.
| a. | 4.81% | |
| b. | 12.00% | |
| c. | 15.75% | |
| d. | 6.05% | |
| e. | 16.07% |
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Finance And Sustainability
Authors: William Sun, Celine Louche, Roland Perez
1st Edition
1780520921, 978-1780520926
